SoftBank Group CFO: Our investment in OpenAI is enormous.
SoftBank Group CFO: Our investment in OpenAI is very large, so we must use existing assets to provide funds for the investment. As an investment company, we have always been repeating the cycle of realizing investments and making new investments, including our holdings in NVIDIA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lighter Secures $68 Million to Drive Institutional DeFi Expansion Despite Market Hesitancy
- Lighter secured $68M in a new round led by Founders Fund and Ribbit Capital, valuing it at $1.5B to boost DeFi trading infrastructure. - The funding aligns with a broader crypto VC surge, including Ripple's $500M and Lava's $200M, highlighting institutional interest in blockchain finance. - CEO Vladimir Novakovski emphasized scaling infrastructure with both equity and token subscriptions to enhance institutional-grade trading solutions. - Despite market caution, DeFi protocols like Lighter attract invest
JPMorgan and DBS Establish Unified Cross-Chain Protocol for Institutional Transactions
- JPMorgan and DBS develop blockchain framework for cross-chain tokenized deposit transfers, aiming to set institutional payment standards. - The framework links DBS Token Services with JPMorgan’s Kinexys, enabling 24/7 real-time settlements across public and permissioned blockchains. - It addresses cross-border transaction demands, reducing fragmentation as global banks adopt tokenization. - Overcoming interoperability challenges could redefine institutional liquidity access and market reach.
JPMorgan and DBS Develop Cross-Chain Bridge to Compete with Stablecoin Leaders
- JPMorgan and DBS Bank launch cross-chain framework for real-time tokenized deposit transfers between institutional clients, bypassing traditional payment systems. - The "interoperability highway" enables 24/7 settlements across public/private blockchains while maintaining consistent token value, expanding cross-border transaction capabilities. - As 1/3 of global banks explore tokenized deposits, the partnership challenges stablecoin dominance by offering institutional-grade cross-chain solutions with red
AI's Growing Demand for Power Pushes the Energy Industry Into an Intense Sustainability Competition
- Energy and tech sectors collaborate to address AI's surging energy demands through sustainable computing infrastructure and efficient GPU solutions. - Devon Energy and Alliant Energy boost capital spending on grid modernization and storage, aligning with AI-driven power needs while maintaining shareholder returns. - NVIDIA advances open-source GPU efficiency via Nova driver, yet faces market volatility as AI sector grapples with financial risks and regulatory pressures. - Industry challenges include bala
Trending news
MoreCrypto prices
More
